All studies show that technical analysis is totally worthless.
Technical analysis serves a very useful purpose. It enables people to recommend stocks without giving away any information.
astral:
You wrote, "It enables people to recommend stocks without giving away any information."
I would contend that it enables people to recommend stocks without HAVING any information.
Welcome to Shangri-La.
Parody of technical analysis is useful--for entertainment purposes only.
pjv:
I have had very good results with technical analysis in determining past price movements of individual stocks or indexes. In fact, technical analysis is almost foolproof in relation to the past. Works for me.
Give it a try.
I'll send an application. Your writing sample is essential: points will be awarded for irrelevance, inaccuracy, insanity, and blind credulity.
Good luck!
astral:
What is the procedure required to graduate from honorary basher status to full fledged certified basher status.
I am prepared to take an exam and go through an interview. Then I assume there will be a certain amount of FEES payable to you an pj and finally an initiation.
Could you please fill me in about the amount of fees. Must they be paid in full or can I make installments? If installments are acceptable, could we arrange automatic transfers from my checking accounts to yours and pj's?
Please let me know so that I can get the paperwork started. I do want to be able to tell people that my occupation is "Certified Basher"!
board rookie:
no back-talk to pmlljl, our technical analysis guru!
pmlljl,
tsar will sell you a vowel if necessary.
"My advice is that you should take the above technical analysis for what it is worth and act accordingly."
good advice
pj:
I think your activity has gone from furtive to frenetic. I can't even keep up reading your posts let alone write them or do the trading you do. Are you sure you don't have attention deficit disorder?
If you and I were side by side and people could compare us, they would say why is that handsome day trader hanging around with that dead guy?
pmlljl,
Not to brag (OK, I'm lying), but on the SLS board you can see some masterpieces of bashing written by yours truly!